Supporting New Business Models: Niigata's 'Venture Creation Program' Now Open for Applications
Key facts
- Supporting New Business Models: Niigata's 'Venture Creation Program' Now Open for Applications
- The Niigata Industrial Creation Organization (NICO) is accepting applications for its 'Venture Creation Program' from May 19 to June 16, 2026. Designed to support startups and existing businesses pursuing new, innovative business models, the program offers grants of up to 5 million yen (covering up to 2/3 of expenses). NICO also provides expert consultation through its 'Startup Cafe' to foster business development in the region.
- Source: PR Times
- Date: June 4, 2026
Direct answer
The Niigata Industrial Creation Organization (NICO) is accepting applications for its 'Venture Creation Program' from May 19 to June 16, 2026. Designed to support startups and existing businesses pursuing new, innovative business models, the program offers grants of up to 5 million yen (covering up to 2/3 of expenses). NICO also provides expert consultation through its 'Startup Cafe' to foster business development in the region.
- Citation
- Supporting New Business Models: Niigata's 'Venture Creation Program' Now Open for Applications (June 4, 2026), PR Times
- Source
- PR Times
- Date
- June 4, 2026
The Niigata Industrial Creation Organization (NICO) is accepting applications for its 'Venture Creation Program' from May 19 to June 16, 2026. Designed to support startups and existing businesses pursuing new, innovative business models, the program offers grants of up to 5 million yen (covering up to 2/3 of expenses). NICO also provides expert consultation through its 'Startup Cafe' to foster business development in the region.
📋 Article Processing Timeline
- 📰 Published: June 4, 2026 at 22:10
- 🔍 Collected: June 4, 2026 at 13:20
- 🤖 AI Analyzed: June 4, 2026 at 13:22 (1 min after Collected)
This program strongly supports not only digital startups but also businesses undertaking 'second startups'—those leveraging their unique strengths to enter new fields or markets.
Additionally, NICO has established the 'NICO Startup Cafe,' where entrepreneurs tackling innovative business ideas can easily consult with NICO staff and industry experts.
If you have a concept for a 'Niigata-born venture' that leverages IT and technology to extend the strengths of local companies, please feel free to inquire.
■ Venture Creation Program
URL: https://www.nico.or.jp/sien/hojokin/87017/
1. Target Projects & Funding Amount
Eligible projects: Those expected to achieve the following based on unique techniques or ideas:
(1) Revitalization of local businesses
(2) Creation of new employment within the prefecture
(3) Significant impact on the improvement of the local economy
Grant amount: Up to 5 million yen
Grant rate: Within 2/3 of eligible expenses
Grant period: Maximum 1 year from the grant decision date
2. Eligible Expenses
Business base development: Costs for 'launching and implementation' of the business
(1) Purchase of machinery, equipment, tools, etc.
(2) Renovation costs for business premises
(3) Miscellaneous equipment costs
(4) Corporate registration fees (excluding stamps and registration license taxes)
(5) Shipping and communication costs
(6) Rent
* Real estate acquisition, new construction, demolition, and removal costs are not eligible.
Business promotion costs: Costs for 'verification and progression' of the business
(1) Raw materials and subcontracting costs (for prototypes, etc.)
(2) Outsourcing costs
(3) Advertising costs
(4) Material purchase costs
(5) Market research costs
(6) Honoraria for experts
3. Application Period
May 19, 2026 (Tue) – June 16, 2026 (Tue), must be received by 17:00.
■ Use Case Examples
We are looking for entrepreneurs tackling high-venture-potential startups or second startups.
1. Starting a Business
Ventures or startups aiming to launch innovative products requiring R&D.
(Example) Developing a new IT system through cutting-edge joint research with universities and aiming for social implementation.
(Example) Establishing unprecedented IT/AI utilization methods and aiming for social implementation as a new commodity.
2. Second Startup
Businesses constructing new business models by leveraging existing strengths.
(Example) Manufacturing: Elevating accumulated expertise/craftsmanship into new commodities/services using tech to create new markets.
(Example) Wholesale: Opening new needs for local Niigata specialties using tech/advanced expertise, establishing new logistics, sales channels, and information dissemination.
■ Pre-Startup Support Menu
For those seeking objective feedback on their business plans, NICO offers a full line-up of support, from the 'NICO Startup Cafe' for initial consultations to the 'Business Plan Brush-up Support Project' for deep planning with experts. Please feel free to contact us.
FAQ
What is the grant amount for the 'Venture Creation Business'?
The grant amount is up to 5 million yen, and the grant rate is up to 2/3 of eligible expenses.
When is the application period?
The application period is from May 19, 2026 (Tuesday) to June 16, 2026 (Tuesday) by 17:00.
What are the requirements for eligible businesses?
Businesses that are expected to significantly contribute to the revitalization of local companies, creation of new employment, or improvement of the local economy based on original technology or ideas are eligible.
What is the NICO Startup Cafe?
It is a consultation window where entrepreneurs with innovative business ideas can easily consult with NICO staff or experts.
How long is the grant period?
The grant period is up to one year from the date of approval.